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Side-by-side financial comparison of ELECTRO SENSORS INC (ELSE) and MESABI TRUST (MSB). Click either name above to swap in a different company.

MESABI TRUST is the larger business by last-quarter revenue ($3.6M vs $2.8M, roughly 1.3× ELECTRO SENSORS INC). MESABI TRUST runs the higher net margin — 77.1% vs 3.7%, a 73.3% gap on every dollar of revenue. On growth, ELECTRO SENSORS INC posted the faster year-over-year revenue change (14.8% vs -95.5%). Over the past eight quarters, ELECTRO SENSORS INC's revenue compounded faster (10.8% CAGR vs -24.1%).

Polar Electro Oy is a Finnish manufacturer of sports training computers, particularly known for developing the world's first wireless heart rate monitor.

Mesabi Trust is a United States-based royalty trust that holds permanent royalty interests in iron ore mining properties located in Minnesota's Mesabi Range. It earns revenue primarily from royalty payments tied to the production and sale of iron ore products, with core earnings sourced from active mining partners operating on the land it holds interests in, catering to the global steel manufacturing market.

ELSE vs MSB — Head-to-Head

Bigger by revenue
MSB
MSB
1.3× larger
MSB
$3.6M
$2.8M
ELSE
Growing faster (revenue YoY)
ELSE
ELSE
+110.2% gap
ELSE
14.8%
-95.5%
MSB
Higher net margin
MSB
MSB
73.3% more per $
MSB
77.1%
3.7%
ELSE
Faster 2-yr revenue CAGR
ELSE
ELSE
Annualised
ELSE
10.8%
-24.1%
MSB

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ELSE
ELSE
MSB
MSB
Revenue
$2.8M
$3.6M
Net Profit
$103.0K
$2.8M
Gross Margin
50.3%
77.1%
Operating Margin
-0.3%
Net Margin
3.7%
77.1%
Revenue YoY
14.8%
-95.5%
Net Profit YoY
-48.8%
-96.5%
EPS (diluted)
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ELSE
ELSE
MSB
MSB
Q4 25
$2.8M
$3.6M
Q3 25
$2.7M
$5.6M
Q2 25
$2.4M
$4.7M
Q1 25
$2.2M
$6.9M
Q4 24
$2.4M
$79.0M
Q3 24
$2.5M
$6.5M
Q2 24
$2.2M
$6.3M
Q1 24
$2.2M
$6.2M
Net Profit
ELSE
ELSE
MSB
MSB
Q4 25
$103.0K
$2.8M
Q3 25
$208.0K
$4.7M
Q2 25
$59.0K
$3.6M
Q1 25
$-64.0K
$6.1M
Q4 24
$201.0K
$78.3M
Q3 24
$238.0K
$5.4M
Q2 24
$-4.0K
$3.5M
Q1 24
$11.0K
$4.7M
Gross Margin
ELSE
ELSE
MSB
MSB
Q4 25
50.3%
77.1%
Q3 25
53.1%
84.6%
Q2 25
51.2%
76.7%
Q1 25
48.4%
88.5%
Q4 24
49.6%
99.1%
Q3 24
50.4%
83.2%
Q2 24
47.2%
55.7%
Q1 24
48.1%
75.3%
Operating Margin
ELSE
ELSE
MSB
MSB
Q4 25
-0.3%
Q3 25
6.6%
Q2 25
-0.1%
Q1 25
-7.5%
Q4 24
1.3%
Q3 24
6.9%
Q2 24
-4.8%
Q1 24
-4.5%
Net Margin
ELSE
ELSE
MSB
MSB
Q4 25
3.7%
77.1%
Q3 25
7.6%
84.6%
Q2 25
2.5%
76.7%
Q1 25
-2.9%
88.5%
Q4 24
8.4%
99.1%
Q3 24
9.5%
83.2%
Q2 24
-0.2%
55.7%
Q1 24
0.5%
75.3%
EPS (diluted)
ELSE
ELSE
MSB
MSB
Q4 25
$0.03
Q3 25
$0.06
Q2 25
$0.02
Q1 25
$-0.02
Q4 24
$0.06
Q3 24
$0.07
Q2 24
$0.00
Q1 24
$0.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ELSE
ELSE
MSB
MSB
Cash + ST InvestmentsLiquidity on hand
$10.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$14.8M
$21.1M
Total Assets
$15.7M
$26.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELSE
ELSE
MSB
MSB
Q4 25
$10.6M
Q3 25
$10.6M
Q2 25
$10.2M
Q1 25
$10.0M
Q4 24
$10.0M
Q3 24
$10.3M
Q2 24
$9.9M
Q1 24
$10.1M
Stockholders' Equity
ELSE
ELSE
MSB
MSB
Q4 25
$14.8M
$21.1M
Q3 25
$14.7M
$22.8M
Q2 25
$14.4M
$19.6M
Q1 25
$14.3M
$23.3M
Q4 24
$14.3M
$95.3M
Q3 24
$14.1M
$22.1M
Q2 24
$13.8M
$20.7M
Q1 24
$13.8M
$21.0M
Total Assets
ELSE
ELSE
MSB
MSB
Q4 25
$15.7M
$26.0M
Q3 25
$15.7M
$24.8M
Q2 25
$15.2M
$27.4M
Q1 25
$15.1M
$101.7M
Q4 24
$14.9M
$100.7M
Q3 24
$15.0M
$26.2M
Q2 24
$14.5M
$25.1M
Q1 24
$14.5M
$26.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ELSE
ELSE
MSB
MSB
Operating Cash FlowLast quarter
$20.0K
$3.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.19×
1.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELSE
ELSE
MSB
MSB
Q4 25
$20.0K
$3.5M
Q3 25
$395.0K
$4.4M
Q2 25
$277.0K
$2.1M
Q1 25
$-30.0K
$93.9M
Q4 24
$-277.0K
$78.2M
Q3 24
$362.0K
$3.8M
Q2 24
$-158.0K
$2.5M
Q1 24
$202.0K
$14.6M
Free Cash Flow
ELSE
ELSE
MSB
MSB
Q4 25
Q3 25
$389.0K
Q2 25
Q1 25
Q4 24
$-298.0K
Q3 24
$358.0K
Q2 24
$-184.0K
Q1 24
FCF Margin
ELSE
ELSE
MSB
MSB
Q4 25
Q3 25
14.2%
Q2 25
Q1 25
Q4 24
-12.4%
Q3 24
14.3%
Q2 24
-8.3%
Q1 24
Capex Intensity
ELSE
ELSE
MSB
MSB
Q4 25
Q3 25
0.2%
Q2 25
Q1 25
Q4 24
0.9%
Q3 24
0.2%
Q2 24
1.2%
Q1 24
0.0%
Cash Conversion
ELSE
ELSE
MSB
MSB
Q4 25
0.19×
1.27×
Q3 25
1.90×
0.92×
Q2 25
4.69×
0.57×
Q1 25
15.48×
Q4 24
-1.38×
1.00×
Q3 24
1.52×
0.71×
Q2 24
0.72×
Q1 24
18.36×
3.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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